Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have too many bulls and maybe thats why the averages rolled over today with the dow tumbling 317 points, s p sinking 1 , and, by the way, things were a lot uglier for the dow in the early afternoon you see when most investors are bullish it means there is no one left to buy. They have plenty of facts on their sides. Everything from low Interest Rates, massive earnings, liquidity, i would let any of them manage my money if i were allowed to have money managed. Unfortunately, these positives have a whi
Next hour ill speak to the ceo of Johnson Johnson, on the companys earnings and news of the halt in vaccine trials after one participant became sick, helping to drag futures this morning. Take a look at markets, the dow industrials are down 133 points, the nasdaq is holding onto gains, up 97 points right now fo. The s p 500 is down 6 and a quarter points. Yesterday, Big Technology led a big rally and at the close the dow was up 250 points, the nasdaq up 296, almost two and two thirds percent on the nasdaq, the s p 500 yesterday up 57 points at 4 00 on wall street. Amazons prime day kicking off today, how the shopping giant can expect some stiff competition from other retailers this time around. High expectations, apple is unveiling its 5g ready iphone 12 today, everything you need to know before the big event, mornings with maria is live right now. European markets are flat this morning. Take a look, fq100 down 23, cac down 19, dax index in germany lower by 53 points. Retail sales in t
Next hour right now though it is the kaiser report stay with us. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investments in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Right so as weve been saying on the show for a number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milk
Is international. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investment in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Right so as weve been saying on the show for a number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milken introduced the revelation in the revolution i
A number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milken introduced the revelation in the revolution in leveraged buyouts the l. B. O. They borrowed money they acquired companies they sold off assets they kept a difference and they made many many billionaires the 1st huge wave of billionaires in America Thanks to Jackson Burnham mike milken in the leveraged buyout down 2020 weve got the end game every Single Company is a private equity firm Berkshire Hathaways a private equity firm all hedge funds are private equity firms all private equity firms or private equity firms are all borrowing money and 0 percent Interest Rate theyre all taking all the pieces off the board every house and house sell the monopoly board called americas being